Market Scenario 1: Long positions above 0.7889 with target at 0.7918.
Market Scenario 2: Short positions below 0.7889 with target at 0.7844.
Comment: The pair struggles to break pivot point 0.7889.
Supports and Resistances:
R3 0.7992
R2 0.7963
R1 0.7918
PP 0.7889
S1 0.7844
S2 0.7815
S3 0.7770
Market Scenario 1: Long positions above 134.45 with target at 135.00.
Market Scenario 2: Short positions below 134.06 with target at 133.51.
Comment: The pair weakened and currently trades below pivot point 134.45.
Supports and Resistances:
R3 135.94
R2 135.39
R1 135.00
PP 134.45
S1 134.06
S2 133.51
S3 133.12
Market Scenario 1: Long positions above 1.1103 with target at 1.1145.
Market Scenario 2: Short positions below 1.1055 with target at 1.1013.
Comment: The pair is giving away initial gains on Thursday and goes back to 1.1100 level.
Supports and Resistances:
R3 1.1235
R2 1.1193
R1 1.1145
PP 1.1103
S1 1.1055
S2 1.1013
S3 1.0965
Market Scenario 1: Long positions above 188.04 with target at 189.00.
Market Scenario 2: Short positions below 187.48 with target at 186.52.
Comment: The pair declines ahead of UK retail sales.
Supports and Resistances:
R3 190.52
R2 189.56
R1 189.00
PP 188.04
S1 187.48
S2 186.52
S3 185.96
Market Scenario 1: Long positions above 1.5531 with target at 1.5591.
Market Scenario 2: Short positions below 1.5531 with target at 1.5476.
Comment: The pair falls into losses near 1.5530 level.
Supports and Resistances:
R3 1.5706
R2 1.5646
R1 1.5591
PP 1.5531
S1 1.5476
S2 1.5416
S3 1.5361
Market Scenario 1: Long positions above 121.12 with target at 121.65.
Market Scenario 2: Short positions below 120.76 with target at 120.23.
Comment: The pair has a bearish tone and trades below 121.00 level.
Supports and Resistances:
R3 122.54
R2 122.01
R1 121.65
PP 121.12
S1 120.76
S2 120.23
S3 119.87
Market Scenario 1: Long positions above 1214.10 with target at 1218.90.
Market Scenario 2: Short positions below 1208.40 with target at 1203.60.
Comment: Gold prices try to stay steady above 1200.00 level.
Supports and Resistances:
R3 1224.60
R2 1218.90
R1 1214.10
PP 1208.40
S1 1203.60
S2 1197.90
S3 1193.10
Market Scenario 1: Long positions above 59.57 with target at 60.11.
Market Scenario 2: Short positions below 59.17 with target at 58.63.
Comment: Crude oil prices continue to gain above 59.00 level.
Supports and Resistances:
R3 60.11
R2 59.57
R1 59.17
PP 58.63
S1 58.23
S2 57.69
S3 57.29
Market Scenario 1: Long positions above 49.173 with target at 49.577.
Market Scenario 2: Short positions below 48.779 with target at 48.375.
Comment: The pair finds difficulties to break the resistance level 49.173.
Supports and Resistances:
R3 50.375
R2 49.577
R1 49.173
PP 48.779
S1 48.375
S2 47.981
S3 47.183
